How to properly evaluate investments?

Decision making 

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The purpose of the program is to make sure that participants will be able to properly prepare business case and evaluate various decisions. Significant emphasis will be put on investment appraisal process.

Learning objectives

  • Become familiar with effective methods of preparing a business case
  • Understand relevant costing concept
  • Be able to justify short term decisions
  • Understand how critical cost of capital is
  • Prepare evaluation of the investment appraisal using both accounting and discounted cash flow methods

Proposed program

  • Capex vs opex
  • Short term decisions vs long-term decisions
  • Evaluation
  • Non-financial aspects to be considered
  • Why do we prepare a business case – different types of investment projects
  • Purpose and benefits
  • Scope and assumptions
  • Risks
  • Sources of finance
  • Cost of capital of different sources – what to take into account
  • Weighted average cost of capital (WACC)
  • Project specific cost of capital
  • Simple rates of return: ROI; RI; ARR
  • Payback period
  • Present value vs future value
  • Assumptions and variables to consider
  • Discounted payback period
  • Net present value (NPV)
  • Internal rate of return (IRR) and Modified Internal Rate of Return (MIRR)
  • Profitability index
  • Sensitivity analysis
  • Scenario analysis
  • Real options

Organisational information

Target group

Secialist and managers who are involved in decision making process and are responsible for evaluation of investment decisions. 

Format, Materials and language

Language: Live on-line workshops; 2 days from 9:00 -14:30 (including 1 hour of breaks – 3 x 10min coffee; 1 x 30 min lunch; English
Materials: slides and notes from classes

Proposed dates

  • 8 – 9 April 2026

Price

1800 PLN netto / 430 EUR (plus vat)

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Contact us

Aleksandra Marcinkowska

Manager, PwC Poland

Tel: +48 519 507 345

Arkadiusz Radomyski

Senior Training Coordinator, PwC Poland

Tel: +48 571 778 162

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